Market: Abu Dhabi | Symbol: MULTIPLY | ISIN: AEM001001019 | Industry: Financials |
With its trademark growth mindset, Multiply Group PJSC is an Abu Dhabi-based holding company that invests in transformative cash-generating businesses it understands. Multiply Group will continue to deploy capital across its two distinct arms, both of which follow a disciplined approach to investing and ensure consistent, sustainable value creation for our shareholders in the short-medium and long-term:
MULTIPLY
The investments and operations in long-term strategic verticals, currently Mobility, Energy and Utilities, Media and Communications and Beauty and Wellness. Anchor investments provide long term recurring income, through which bolt-on acquisitions are made.
MULTIPLY+
A flexible, sector-agnostic and opportunistic investment arm.
Our blend of financial strength, strong leadership, and mental agility empowers our people to be bold, moving fast and decisively to grasp attractive investment opportunities.
As a young company, unconstrained by legacy or bureaucracy, we are dynamic, with access to market-leading expertise through the leadership of our portfolio companies and a mindset that challenges aging values and empower firms to chart new courses.
Major shareholders include International Holding Company (IHC), one of the most valuable companies in the UAE with an exceptional track record of taking its best-performing subsidiaries public.
Share data | 02/10/2023 | ||
Currency | AED | ||
Volume | 19,996,777 | ||
Previous Close | 4.02 | ||
Number of Shares (mln) | 2,800.00 | ||
Change (%) | 0.50 | ||
Market Cap (mln) | 11,256.00 |
Key Figures (AED’000) | 2020 | 2021 | 2022 |
Statement of profit or loss and other comprehensive income | |||
Revenue | 15,784 | 371,912 | 1,125,509 |
Gross profit | 6,170 | 210,618 | 569,158 |
Profit for the year | 3,798 | 225,196 | 18,562,948 |
Total comprehensive income for the year | 3,798 | 226,580 | 18,539,090 |
Statement of financial position | |||
Total assets | 98,334 | 11,603,762 | 41,205,882 |
Total liabilities | 8,407 | 877,732 | 11,825,175 |
Total equity | 89,927 | 10,726,030 | 29,380,707 |
Statement of cash flows | |||
Net cash generated from/(used in) operating activities | 738 | (35,174) | 857,155 |
Net cash used in investing activities | (24,566) | (1,558,437) | (11,536,617) |
Net cash generated from financing activities | 30,000 | 5,025,607 | 8,070,277 |